@elimsot
The meme coin boom of 2025 demonstrates crypto’s wealth-effect engine. Speculative gains onboard new users at scale, often more effectively than educational campaigns. While memes dilute fundamentals, they expand the base of participants, some of whom later migrate to DeFi and majors. The wealth effect generates cultural momentum, reinforcing adoption through virality. The challenge is ensuring memes don’t trap liquidity permanently in speculation. If the wealth effect rotates back into infrastructure, it accelerates mainstream growth. In this sense, memes are chaotic but powerful adoption catalysts.
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